Survey Says Labor Shortage Stalling Housing Recovery

Labor shortages in the residential construction sector are impeding the recovery of the housing market and the economy, according to a survey by the National Association of Home Builders.

"The survey of our members shows that since June of 2012, residential construction firms are reporting an increasing number of shortages in all aspects of the industry-from carpenters, excavators, framers, roofers and plumbers, to bricklayers, HVAC, building maintenance managers and weatherization workers. The same holds true for subcontractors," said NAHB Chief Economist David Crowe.

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